Manchester City will hold talks with Phil Foden's representatives over the next few weeks to agree a new long-term contract for the teenage midfielder.

Foden, who turned 18 on Monday, is expected to double his £20,000-a-week salary at the Etihad under the terms of the new deal.

The star of England Under-17s World Cup triumph last year is under contract until 2020, but the Premier League champions want to reward Foden for his progress since Pep Guardiola brought him into the first-team squad.

Manchester City will hold talks with Phil Foden's representatives over a new contract

The Stockport-born youngster played 10 times for City this season after making his senior debut against Feyenoord in November.

There was speculation that Foden could go out on loan, and Fulham expressed an interest in January, but it's understood that he will remain at City next season on the basis that he is better off benefitting from Guardiola's guidance.